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Global Imbalances in the World Economy
https://doi.org/10.32609/0042-8736-2008-5-51-61
Abstract
The paper reviews an evolution of key political and economic hypotheses in the literature from 1993 to 2007 related to emergence, stability and correction mechanisms of the so-called "global imbalances" which are connected to the US trade deficit. The special "counterweighting" role of sovereign wealth funds in possible mechanisms of global imbalances’ correction in medium- and long-term perspective is considered.
About the Author
A. Apokin
Center for Macroeconomic Analysis and Short-Term Forecasting; Institute of Economic Forecasting, Russian Academy of Sciences
Russian Federation
Russian Federation
References
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Review
For citations:
Apokin A. Global Imbalances in the World Economy. Voprosy Ekonomiki. 2008;(5):51-61. (In Russ.) https://doi.org/10.32609/0042-8736-2008-5-51-61
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